1. 54% of UK firms say AI created new jobs as demand for AI skills rises

54% of UK firms say AI created new jobs as demand for AI skills rises

Technology

  • A survey of 1,200 UK firms found 54% said AI created new jobs, with a quarter actively hiring workers with AI skills.
  • One in five UK firms created new AI-specific roles, while firms with turnover above £10 million led investment in AI skills training.
  • Bank of England found firms using AI are becoming more productive but those gains are coming at the expense of jobs elsewhere.
  • UK Prime Minister Andy Burnham and Bank of England Governor Andrew Bailey both flagged concerns about AI's impact on jobs and productivity.

Source: moneycontrol.com

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